US jobless rate falls to 7.8 pct., 44-month low
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The U.S. unemployment rate fell to 7.8 percent last month, dropping below 8 percent for the first time in nearly four years. The Labor Department says employers added 114,000 jobs in September. The...
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And I will give you this: it was a disaster when he came into office. And it got worse even after all the stimulus plans, and now it has returned to essentially the same as it was when he took office. So if you call that an improvement, so be it.

But it is still the same as when he got into office, so at best it is a stagnant thing.

We'll agree to disagree, you can look at it since he took office and I'll look at it as to when the crash caused the prior to him taking office peaked after he took office. We'll also disagree that the stimulus made things worse, I think it helped.

But yeah, things suck right now, we can at least agree on that. It's very important to get that message out, but I think Romney needs to be accurate and fair, because like you've said before anyone can spin numbers around to suit themselves and it's quite convenient to do so when there's good news for Obama and visa versa. His re-election hinges on people agreeing that he made things worse, or his improvements weren't good or fast enough and that his polices hurt.
Funny how when the rate didn't change or rose, people were fine with this calculation and slammed Obama for it, now that it's a little better they are suspect and not accurate of the true reflection of what's going on..

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I guess it has become my responsibility to provide this information on a monthly basis:

New claims for unemployment in the final week of September: In the week ending September 29, the advance figure for seasonally adjusted initial claims was 367,000, an increase of 4,000 from the previous week's revised figure of 363,000. The 4-week moving average was 375,000, unchanged from the previous week's revised average.

So it's great that 115K jobs (give or take) were created in the same month. It amounts to roughly 1 job created for every 10 jobs lost. The drop in the official unemployment rate can be attributed to discouraged workers dropping out of the labor force altogether. (115K new jobs in September versus 1.2 million newly unemployed workers.)

Not good news, nothing to celebrate. But the masses cheer the information fed to them by the mainstream media and fail to question data which doesn't support their claims of an improved economy.

If this explains the drop in the unemployment rate it this also means that more people weren't added to the unemployment line otherwise the overall rate wouldn't have dropped.

Or am I confused?

I haven't looked ..........previously it has been stated that "unemployment applications" have dropped and new applicants are xyz. The amount that have dropped of the radar and new applicants may equal to less total. But in an election year I am always skeptical of "new" figures complied by the government when they have an incumbent running.....whomever is in office.

There are two facilities in MA alone laying off....and that includes nurses.

I haven't read anyone in the allnurses break room celebrating.
We will have the seasonally adjusted data later this month.

... The unemployment rate decreased to 7.8 percent in September, and total nonfarm
payroll employment rose by 114,000, the U.S. Bureau of Labor Statistics reported
today. Employment increased in health care and in transportation and warehousing
but changed little in most other major industries....

... The unemployment rate declined by 0.3 percentage point to 7.8 percent in September.
For the first 8 months of the year, the rate held within a narrow range of 8.1
and 8.3 percent. The number of unemployed persons, at 12.1 million, decreased by
456,000 in September. (See table A-1.)...

... In September, the number of job losers and persons who completed temporary jobs
decreased by 468,000 to 6.5 million. (See table A-11.) ...

I haven't looked ..........previously it has been stated that "unemployment applications" have dropped and new applicants are xyz. The amount that have dropped of the radar and new applicants may equal to less total. But in an election year I am always skeptical of "new" figures complied by the government when they have an incumbent running.....whomever is in office.

There are two facilities in MA alone laying off....and that includes nurses.

These are monthly figures that having coming out for years, including this election year. So while they are "new" Obama certainly didn't manufacture them. But it's interesting in states with Republican governors like Florida, Wisconsin and Texas they are saying "look what I've done!".

Not sure what two facilities in MA laying off workers means relative to this job report. Obviously there are layoffs happing everywhere. We have areas here that are laying off workers too, and places like Whole Foods that are hiring 150 people this month...mercifully the job growth in FL has been positive.

I don't blame anyone for being skeptical. We all should be and hold our politicians accountable for accuracy and for helping the situation.

I guess it has become my responsibility to provide this information on a monthly basis:

New claims for unemployment in the final week of September: In the week ending September 29, the advance figure for seasonally adjusted initial claims was 367,000, an increase of 4,000 from the previous week's revised figure of 363,000. The 4-week moving average was 375,000, unchanged from the previous week's revised average.

So it's great that 115K jobs (give or take) were created in the same month. It amounts to roughly 1 job created for every 10 jobs lost. The drop in the official unemployment rate can be attributed to discouraged workers dropping out of the labor force altogether. (115K new jobs in September versus 1.2 million newly unemployed workers.)

Not good news, nothing to celebrate. But the masses cheer the information fed to them by the mainstream media and fail to question data which doesn't support their claims of an improved economy.

I don't thinks it's accurate to take the total number of jobs created versus the number of people that filed unemployment.

If you are using the number of unemployment claims, a more accurate comparison would be to compare the number of people hired in all jobs...vs. the number of people that filed unemployment claims. There's a big difference in the number of jobs created and the people that are being hired in new jobs.

Your spin that for every job "created" 10 are lost might be true. But that doesn't account perhaps that maybe nine different people are starting new jobs somewhere.

I will agree with the poster who stated: WHAT kinds of jobs were added, minimum wage jobs? I have a feeling that this is the absolute truth. They can add all the minimum wage jobs they want, it doesn't feed families. It won't even feed a single person. I think both candidates are scammers and we are SOL for the next 4 years no matter who gets elected.
I think the only real chance now healthcare has at the moment is that much ill received and much dreaded medicare reinbursment regulation on re admission. I think once the healthcare systems get tired of being fined for these re admissions, they will grow sick and tired and start hiring more nurses. There is no way they can meet the demands of that regulation with the staffing levels they have going on now. You can only beat a horse so much before they drop dead. and I think nursing is about to drop dead from poor staffing.

I for one an sick and tired of being a temporary worker and the other times on unemployment.

it's funny how the conservatives are calling this improvement a conspiracy - if this was a "conspiracy" as they say then the numbers would have looked rosy from day 1 - not just 1 month out of the President's 4 year term

the REAL conspiracy is how the Republican party (from all corners of the nation) conspired to "remove Obama from Office" regardless of how it affected the economy, the middle class, and the poor

regardless of the so-called unemployment rate "tampering"...
regardless of the many cookoo conspiracy theories out there....
regardless of all the millions going into the Republican Super Pacs...
regardless of all the flip-flops the Republican candidate has said over the past 8 years...

Obama will still win re-election and the Senate will still be in the hands of the Democrats.